Packwood, IA Employment - Median Household Income, Unemployment Rate

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F

49%

Income/capita NAT. AVG.

30%

Household income NAT. AVG.

20%

Unemployment NAT. AVG.

Index	Packwood	Iowa	National
Income per capita	$15,352	$28,872	$29,829
Median household income	$38,500	$54,570	$55,322
Median income owner occupied	$43,571	$66,527	$70,586
Median income renter occupied	$0	$30,828	$35,192
Median earnings male	$0	$37,409	$36,919
Median earnings female	$22,188	$25,115	$26,250
Unemployment rate	3.7%	3.1%	4.7%
Poverty level	3.1%	12.3%	15.1%

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Key findings

The income per capita in Packwood is 49% lower than the national average
The median household income in Packwood is 30% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Packwood is 20% lower than the national average
The poverty level in Packwood is 80% lower than the national average

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am i middle class

$25,664 $38,500 $77,000

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Packwood median earnings by income bracket

Packwood employment by industry

Labour Type	Male	Female
Construction industry	10.0%	10.0%
Manufacturing sector	14.0%	14.0%
Financial & insurance services	10.0%	10.0%
Wholesale & retail services	4.0%	4.0%
Public administration	4.0%	4.0%
Transportation, warehousing & utilities	34.0%	34.0%
Education, health & social services	10.0%	10.0%
Other	14.0%	14.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Pleasant Plain, IA	101	$100,069	80.9%
Maharishi Vedic City, IA	486	$69,688	26.0%
Libertyville, IA	377	$60,197	8.8%
Brighton, IA	688	$52,188	5.7%
Agency, IA	625	$52,143	5.7%
Packwood, IA	586	$38,500	30.4%

Cities with similar population

City	Population	Household Income	National Avg.
Golden Beach, FL	586	$250,001	351.9%
Dumont, IA	586	$41,742	24.5%
Bonfield, IL	586	$68,750	24.3%
White City, KS	586	$39,583	28.4%
Upper Marlboro, MD	586	$92,500	67.2%
Packwood, IA	586	$38,500	30.4%

Source: The Packwood, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).